Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Samuel Merrick
  • New to Real Estate
  • Nashville, TN
2
Votes |
13
Posts

First deal made and looking towards uncertain future...

Samuel Merrick
  • New to Real Estate
  • Nashville, TN
Posted

Hello BP world,

 A little about my situation: I've been living on the road, working as a musician on a steady running touring Broadway show for the past two years, making an amazing salary. I've been fortunate enough to save a chunk of money, some of which I recently used to make my first deal, buying a single family home in Nashville, thats already rented out and cash flowing $350/m. I have a trusted team in place already and truly want to continue to invest in that general area. However, despite the paycheck, I have to come off the road at some point (maybe in a year from now?). I want to continue further down this path of real estate investing but I feel that there's an expiration date for me since the W2 will not always have my back. I realize there are no/low money down options and I have to be the one to grab the bull by the horns (which I'm doing to some extent by regularly taking in as much real-estate related content as possible), but I'm more just curious if anyone else has ever been in a similar situation where you felt like the clock is ticking. Would love to hear anyone else's experiences. Thanks in advance.

Sam

Loading replies...